UPDATE: Former UBS (UBS) Trader Adoboli Found Guilty of Fraud in $2.3B Trading Loss
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UBS trader Adoboli charged with fraud, false accounting
September 16, 2011 9:19 AM EDTUBS trader... More
UBS (UBS) Shares Tumble as Rogue Trader Costs Firm Billions in Losses
September 15, 2011 7:37 AM EDTUBS (NYSE: UBS) shares are getting slammed Thursday morning following a report the Swiss financial giant may report a third-quarter loss due to some foul play.
In a release Thursday morning, UBS said due to unauthorized trading by one trader, the firm will record a £1.3 billion (about $2 billion) loss in the quarter. The... More
